Filed January 11, 2022
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 5-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $105,404 | $66,098+59.5% | $101,794+3.5% | $74,304+41.9% |
| Participation rate | 38.1% | 53.8%-15.7pp | 69.2%-31.1pp | 60.3%-22.3pp |
| Annual return | 14.17% | 19.59%-5.4pp | 30.53%-16.4pp | 29.43%-15.3pp |
| Employer contribution / active EE | $859 | $1,082-20.6% | $2,289-62.5% | $2,241-61.7% |
| Participant deferral / active EE | $1,754 | $2,781-36.9% | $4,084-57.0% | $3,767-53.4% |
| Admin fee / account holder | $6,271 | $4,146+51.2% | $8,777-28.6% | $2,969+111.2% |